BENTONVILLE, AR - Walmart has unveiled strategic pilots with India-based startups to provide solutions for the company’s U.S. supply chain and sourcing operations, according to a release on APN News.
“Tech innovation is what drives real-world solutions to move forward a globally resilient supply chain. By collaborating with global innovators, we’re leveraging fresh ideas to build a more resilient supply network,” said Kyle Carlyle, Vice President, Sourcing Innovation and Surety of Supply, Walmart. “As a people-led, tech-powered company, we are always looking for new ways to innovate. These three brands demonstrate our innovation goals across both the food and textile industry.”
According to the source, the three startups selected for pilot programs include Pune-based KBCols Sciences, Chennai-based GreenPod Labs, and Bengaluru-based Cropin; these companies participated in the Walmart Growth Summit last year.
Solutions from each of these companies will help drive innovation at scale across the retailer's supply chains. The pilot programs will test solutions that augment the availability of better and more fresh products for Walmart’s consumers in the U.S. and around the world, reduce product waste, and create sustainable alternatives for intermediate products used in manufacturing processes.
The Walmart Growth Summit in India is part of a global series designed to connect entrepreneurs, suppliers, and innovators with Walmart’s extensive supply chain network, providing an advantageous platform for participants to present technologies and solutions that align with Walmart’s focus on sustainability, efficiency, and innovation.
Sourcing innovation pilots are designed to help Walmart make more informed sourcing decisions, enhance resource efficiency, and drive measurable progress toward a more resilient global supply chain, the source stated.
Click here to read about the innovative solutions piloted by each startup.
